[HN Gopher] Coal is losing the price war to wind and solar faste...
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       Coal is losing the price war to wind and solar faster than
       anticipated
        
       Author : Panino
       Score  : 36 points
       Date   : 2021-05-10 18:00 UTC (5 hours ago)
        
 (HTM) web link (electrek.co)
 (TXT) w3m dump (electrek.co)
        
       | gnicholas wrote:
       | I am curious to know how this analysis factors in the need for
       | storage of wind/solar for periods when it is not windy/sunny.
       | When I looked through the report, I only saw this.
       | 
       | > _We are already seeing combined renewables-plus-storage plants
       | win competitive solicitations and capture some of this value in
       | high solar-and wind-potential regions (empirically, this appears
       | to add roughly $4-8 /MWh to renewable energy costs). We expect
       | the trend to continue as battery prices slide down the learning
       | curve._
       | 
       | My interpretation is that wind/solar plus storage is more
       | expensive, which undercuts competitiveness outside of the most
       | windy/sunny locations. I am as excited as anyone about new
       | developments in storage technology, but it seems like it's still
       | a significant challenge.
       | 
       | Was it discussed elsewhere, or is anyone else aware of other
       | information regarding the combined cost? It seems like this one
       | statement somewhat undermines the conclusion, unless I'm missing
       | something.
        
         | labster wrote:
         | Even where coal is competitive, it's still more expensive than
         | nat gas in pretty much every environment. And of course when
         | talking about coal you should probably price in health and
         | environmental externalities of the combustion alone.
         | 
         | A long term problem is that in remote areas of the high
         | latitudes -- Alaska, Nunavut, Siberia -- fossil fuels are the
         | only reasonable energy where geothermal isn't available. It's a
         | good thing fusion is only 20 years away.
        
           | belval wrote:
           | Yeah but we can afford to have them burn fossil fuels until
           | the end of time, their population is relatively tiny.
        
           | Hypx_ wrote:
           | (Chemical) hydrogen will be available much sooner than
           | fusion. We should see a lot of hydrogen related
           | infrastructure being deployed soon.
        
             | etrabroline wrote:
             | This is sarcasm right? Hydrogen isn't a source of energy
             | its a storage mechanism that has to be produced using
             | fossil fuels or electricity, and you don't get more energy
             | out of it than it takes to produce it.
        
               | Hypx_ wrote:
               | Yes, but you can create it during one part of the year
               | and store it for other parts of the year. It is going to
               | be a viable replacement for fossil fuels for northern
               | climates long before nuclear fusion happens.
        
           | maybelsyrup wrote:
           | > It's a good thing fusion is only 20 years away.
           | 
           | Is it? This sounds exciting. Can you say more?
        
             | belval wrote:
             | It's just an old "joke", fusion has been 20 years away for
             | the last 40 years or something like that.
        
             | etrabroline wrote:
             | The Sparc/Arc project in the US
             | 
             | https://www.youtube.com/results?search_query=mit+sparc+denn
             | i...
             | 
             | https://en.wikipedia.org/wiki/SPARC_(tokamak)
             | 
             | and the STEP project in the UK
             | 
             | https://en.wikipedia.org/wiki/Spherical_Tokamak_for_Energy_
             | P...
             | 
             | Both are very promising, and unlike all previous
             | experiments, if their core design goals are met they would
             | quickly lead to commercialization, quite plausibly within
             | 20 years.
        
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       (page generated 2021-05-10 23:02 UTC)